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MyDentist gets Series C Funding
Mumbai based Dental Chain service, Mydentist has raised Rs 50 Crore in series C funding, recently from the LGT Group, the asset management group and private banking arm of Princely House of Liechtenstein. Its existing investors Seedfund and Asian Healthcare Fund have also made contributions. The founding company of Mydentist, Total Dental Care Pvt. Ltd was established in the year 2011...
The founding company of Mydentist, Total Dental Care Pvt. Ltd was established in the year 2011 and currently has more than 100 clinics across, Mumbai, Ahemdabad , Surat And Pune. It charges Rs.200 for its services and has more than 500 dentist associated with it. This is the third round of funding for the company with Rs 50 Cr raised in 2013 and earlier stage funds in 2011.
According to its co-founder Vikram Vora, the funds will be utilized to expand with more centers in the existing areas as well as setting up centers pan India starting with Gujrat.
Meghna A Singhania is the founder and Editor-in-Chief at Medical Dialogues. An Economics graduate from Delhi University and a post graduate from London School of Economics and Political Science, her key research interest lies in health economics, and policy making in health and medical sector in the country.She is a member of the Association of Healthcare Journalists. She can be contacted at editorial@medicaldialogues.in. Contact no. 011-43720751